A Lesson in Speculation and Why it has NO Place in Real Estate Investing

How do you know if you are making strong profits from your real estate investing and have you measured your opportunity cost if “plan A” doesn’t work out? This is a short story of a very close friend of mine, Luka. After a structured and involved Due Diligence process, Luka successfully eliminated many areas he could afford to invest in as there was no growth, no demand, no infrastructure developments, no new jobs coming etc, efficiently eliminating local property markets
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